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By The People

There are fundamental flaws in how American government operates today,

contrary to the Constitution and the vision of a representative republican form of governance.

I intend doing something about it: by educating and informing others who

are not even aware of the dangers.

Saturday, October 8, 2011

Real Money

Why
do we use the money we have today? What makes us accept it as valid
for commerce and trade?

It
is that acceptance of a monetary unit such as the Federal Reserve
Note requires a certain amount of trust from the people and the
government.

In
the present Presidential Debates it seems that while many candidates
say all of these things about job creation and cutting spending,
nobody except Ron Paul talks about sound money. Now the reason is
mainly because they are paid not to. Now don't think for a moment
that I am accusing anyone of accepting a direct bribe to layoff the
issue. Most of them probably do not even understand what Dr. Paul
means by sound money.

At first thought even I felt that he was referring to the gold standard. But
gold alone would not make our currency stable or sound. It requires
the backing of the United States Government's credit and goodwill,
with its partners in commerce and trade. Having a stable currency
will mean that real money of silver and copper coin must be
recirculated, and the printing of paper currency can only be done by
the United States Department of the Treasury, and then only through the
Constitutional mandate for Congress to issue such an order.

That
paper currency is a trade note that is redeemable in coinage and will be backed by the assets of the country, not just
gold and silver, but the natural resources that are exported to other
nations, payable in assets that can then be used to back the currency
and then expand it without inflation or deflation of its worth. An
ounce of silver or an ounce of gold will have a worth in U.S. Dollars
pronounced by Congress as is its responsibility under the
Constitution.

During
the transition from Federal Reserve Notes to U.S. Dollars, banks will
be required to reduce their fractional reserve lending practices
until it is incrementally reduced to about 5% or 10% over deposits
unless in times of need again, determined by Congress.

There
may be necessary amendments to the Constitution to facilitate the
prohibition of private banks from issuing the currency of the nation.
This will include a clause that will make the Treasury the only legal
printer of U.S. Dollars and minted coinage. We possess the technology today to inhibit counterfeiting of currency with design complexities and the sensing of those complexities via automation.

The
practices that have been in place now since the unlawful passage of
the Federal Reserve Act in 1913 have not prevented depressions as
promised. The facts clearly demonstrate the contrary, that the
control of the currency, first by making it plentiful and then by
retracting it from circulation, the Federal Reserve Bank caused all
depressions and recessions we have endured.

We
the People who are aware of the issues and the solutions are in a
situation I call the Moses Paradox. Moses had to wait 40 years
until nearly all of the original people were but a few and he was
able to indoctrinate the new generations with the Law. Those who have
conspired to destroy what our founders fought and died for have had
generations now to spin their propaganda to the masses through forced
government controlled education and the private corporate media that
supports those Money Masters behind the curtain.

This
nation prospered enormously while the money belonged to the people
and the government provided due diligence and vigilance to safeguard
the people's money. But we were under attack by the European bankers
even before the ink was dry on the Treaty of Paris. They were already
plotting how to steal the wealth of this nation long before the
amount of wealth was realized. They succeeded several times to get
into the nation's money system, but they were identified by those
representatives that were courageous and took their oaths of office
with integrity and conviction. Lincoln was one, Garfield was another.
The last American President to take on the banking elite was John
Fitzgerald Kennedy. And he did so against the advice of his father,
for his father new that his defiance toward the Money Masters would
cost him his life.

It
doesn't matter if we trade with copper, gold, silver, or beads. What
does matter is who determines what the currency used is worth and
what will control that currency to maintain its worth even when there
is expansion of currency in circulation.

The
answer can be found in the Constitution for the United states of
America.

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